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Document 32011M6298
Commission Decision of 09/08/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6298 - SCHNEIDER ELECTRIC / TELVENT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
Decisión de la Comisión, de 09/08/2011 por la que se declara la compatibilidad de una operación de concentración con el mercado común (Asunto no COMP/M.6298 - SCHNEIDER ELECTRIC / TELVENT) sobre la base del Reglamento (CE) n. 139/2004 del Consejo (El texto en lengua inglesa es el único auténtico)
Decisión de la Comisión, de 09/08/2011 por la que se declara la compatibilidad de una operación de concentración con el mercado común (Asunto no COMP/M.6298 - SCHNEIDER ELECTRIC / TELVENT) sobre la base del Reglamento (CE) n. 139/2004 del Consejo (El texto en lengua inglesa es el único auténtico)
In force
32011M6298
Commission Decision of 09/08/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6298 - SCHNEIDER ELECTRIC / TELVENT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
|EUROPEAN COMMISSION | Brussels , 9.8.2011 C(2011) 5901 final PUBLIC VERSION SIMPLIFIED MERGER PROCEDURE To the notifying party Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6298 - SCHNEIDER ELECTRIC / TELVENT Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 11 July 2011, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 [2] by which the undertaking Schneider Electric SA ('Schneider Electric', France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Telvent GIT SA ('Telvent', Spain) by way of public bid. 2. The business activities of the undertakings concerned are: - for Schneider Electric: holding of an international group of companies that designs, manufactures and sells products and systems in energy management; - for Telvent: provision of IT global services and of high added value integrated automation solutions, mainly to the energy, transport, agriculture and environment sectors. [3] . 3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(c) i & ii of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [4] . 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation. For the Commission (Signed) Alexander ITALIANER Director General [1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision. [2] OJ L 24, 29.1.2004, p. 1 (the "Merger Regulation") [3] Publication in the Official Journal of the European Union No C 210, 16/07/2011, p.32 [4] OJ C 56, 5.3.2005, p. 32.